Sprint announced today that it will offer the Samsung Galaxy Tab starting November 14 for $399.99 with a two-year contract.

Customers will be able to choose from two 3G Tablet Mobile Broadband plans: a 2GB data plan with unlimited messaging for $29.99 per month or a 5GB data plan with unlimited messaging for $59.99 per month.

By contast, Verizon is offering the Galaxy Tab for $600 without contract and data plans starting at $20 per month for 1GB of data.

Sprint customers can preorder the Tab starting today in participating Sprint stores with a purchase of a $50 gift card. You will then be added to a Device Wait List and will contacted at a later time to set up an in-store appointment.

Going toe-to-toe with the iPad, the Samsung Galaxy Tab features a 7-inch, 1,024x600 touch screen, a 1GHz Cortex A8 ARM-based processor paired with a PowerVR SGX540 graphics processor, and runs on the Android 2.2 platform. The Tab also offers 2GB of onboard memory and ships with a 16GB microSD (supports up to 32GB) and will support Samsung's Media Hub video store, the Android Market, and Sprint Navigation.

In addition to Sprint and Verizon, the Galaxy Tab will also be available from T-Mobile and AT&T, though pricing and release dates have not been announced by the carriers at this time. That said, what's the more attractive plan to you: Verizon's no-contract offer or Sprint's subsidized price with contract agreement?